Q: I am a tenant, home in process of foreclosur lease agreement still effective from previous landlord what are my rights?
A: You cannot be evicted. Make sure you have a copy of your lease to show the buyer at the sale.
A: Foreclosure procedures can take a good amount of time. Until the court appoints a receiver or the Plaintiff actually receives a Judgment of Foreclosure and Sale, you are still obligated under the terms of your existing lease with the owner. After a foreclosure auction, the new owner effectively steps into the shoes of the former landlord unless you were named as a party in the foreclosure.
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